Wednesday, October 13, 2021 9:45:04 AM
This reminds me of another stock I found, doing business in the plant based also. I started accumulating on 2019-12-13 at an initial cost of $0.38 then kept growing my position (current avg cost is $1,23). This is now up to a market cap of $237,5 M CDN (pps of $2,55 CDN).
Both companies offer a good product in a huge market and both have gradually given priority to make a growing Selling/distributing/marketing structure to attack their markets.
I personally believe that both these 'startups' (???) will soon show interesting revenues an even profits and these stocks will both at the very least double current market cap and pps (in the oldest stock I refer to) within the next few Q's financials and even more than quadruple current market cap in the case of YUM (market cap growing to $100 M + CDN).
These 2 companies are doing everything right in attacking a huge rapidly growing worldwide market (plant food) with very good offerings.
YUM (KOMOF) and the other stock described are great INVESTMENTS and both will be worth serious money whenever they qualify to uplisting from OTC to stock markets institutions get involved in.
Patience shall be extremely rewarding, notwithstanding the evolution of the economy in general and stock markets in particular.
GLTA
Patiently,
Roger
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